It is CPI and it is possibility for the Wednesday High of the week profile. Ideally to see shallow new high of the day and reversal to the downside. The DOL is below the D ss levels. The intraday IOF will provide with move precise targets for the partials and intraday DOL.
I am looking forward to see the first downside displacement around 9.30. It is not compulsory for the PA to make the new HOD before the reversal to the downside but it is an ideal scenario
Komen
9.43 15mTF
There was an SMT divergence with NQ (no new HOD). Nevertheless the downside displacement started around 9.30. Next DOL is the previous local low ss level.
I would like to see the first -MSS.

syot kilat
Komen
9.49am 1m TF
Just in case. It is still very possible to see one more upside move with new HOD. The structure on the 1m TF supports that. THat is why I would like to see -MSS first below that last local low.
syot kilat
Komen
10.15am 15mTF
There is the first -MSS. I would like to see upside corrective retracement. AMS SB is the key time range.

syot kilat
Komen
1m TF
There is a micro -MSS. AMS SB has been finished. So it is less favorable from the time point of view. Nevertheless, I would like this micro MSS to stand and be the next sign of the -IOF

syot kilat
Beyond Technical Analysisfronttest

Penafian